10 big deductions too many people miss

[tax]

10 big deductions too many people miss
If you don’t know about a potential tax break, you won’t take it. Here are the deductions that a lot of taxpayers seem to forget.

How many times have you done your taxes and, three weeks later, learned you had missed the opportunity for a deduction? Too many, I’m sure. How can you not miss these deductions the next time? Start planning now.

I’ve found a number of deductions that my own clients often miss. Here are 10 of them that can affect your tax bill for 2003 and your tax planning for 2004.

(more...)